Envestnet boosts DIHP ETF stake by 1.4M shares, valued at $603.56M, despite ETF's 6.6% drop.

Envestnet Asset Management Inc. has significantly increased its stake in the Dimensional International High Profitability ETF (DIHP), acquiring over 1.4 million additional shares in Q4 2021, raising its ownership to 23,922,267 shares, valued at $603.56 million. Despite Envestnet's increased investment, DIHP's share price fell by 6.6% during the quarter. The ETF focuses on large-cap equities from developed markets outside the U.S. with higher profitability.

5 days ago
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